Cal-Maine Foods Acquires ISE America Inc. for $110M

Cal-Maine Foods to Acquire Egg Production Assets of Fassio Egg Farms

September 28, 2023

Food & Beverage

Cal-Maine Foods, the largest U.S. producer and distributor of fresh shell eggs, has signed a definitive agreement to acquire substantially all commercial shell-egg production and processing assets of Fassio Egg Farms, including facilities in Erda, Utah with capacity of ~1.2 million laying hens. The asset purchase expands Cal‑Maine’s cage‑free production capacity and market presence in Utah and the western United States; the deal is expected to close in the coming weeks subject to customary conditions.

Cal‑Maine Foods Acquires Echo Lake Foods for ~$258M

June 2, 2025

Food & Beverage

Cal‑Maine Foods, Inc. (NASDAQ: CALM) has completed the all‑cash acquisition of Echo Lake Foods for approximately $258 million, with an expected tax benefit of about $28 million (effective purchase price ≈ $230 million). The purchase brings Echo Lake’s ~$240 million 2024 revenue business — a producer of ready‑to‑eat egg and frozen breakfast products — into Cal‑Maine’s portfolio to expand its value‑added egg product offerings and reduce earnings volatility through synergies and expanded customer relationships.

Cal-Maine Foods Acquires Tyson Foods' Dexter, Missouri Poultry Facilities

January 2, 2024

Food & Beverage

Cal-Maine Foods, Inc. is acquiring a broiler processing plant, hatchery and feed mill in Dexter, Missouri from Tyson Foods, Inc.; terms were not disclosed. Cal-Maine plans to convert the facilities to egg production and grading operations to expand its geographic footprint and production capacity in Missouri and surrounding markets.

Cal Marine Fish Company Acquires Assets of Monterey Fish Company

August 6, 2024

Food & Beverage

Cal Marine Fish Company, LLC, backed by parent Inter Oceanic Holdings, LLC, acquired the assets of Monterey Fish Company, Inc. Plethora Businesses served as exclusive sell-side advisor; the deal expands Cal Marine's harvesting, processing and packing capabilities and strengthens its market presence in the California seafood industry.

Calspan Acquires Aero Systems Engineering (ASE) from Gen Cap America

July 29, 2020

Aerospace & Defense

Calspan Technology Holding Corporation has acquired Aero Systems Engineering (ASE) from private equity firm Gen Cap America. ASE, based in St. Paul, Minnesota, provides engine test cell and wind tunnel design, construction and lab testing services for aerospace OEMs, MROs, governments and research organizations; terms were not disclosed.

Eddie M's Acquires American Fish and Seafood

November 13, 2023

Food & Beverage

Eddie M's has acquired and merged with Minnetonka-based American Fish and Seafood Inc., consolidating processing and distribution operations at Eddie M's 65,000 sq ft Plymouth, Minnesota facility. The deal preserves American Fish's legacy while expanding Eddie M's product assortment and capacity to serve retail and foodservice customers across the Midwest; terms were not disclosed.